DSV Reduces Its Share Capital

Released on: August 4, 2008, 4:46 am

Press Release Author: Sarah Chase

Industry: Transportation & Logistics

Press Release Summary: The Annual General Meeting of DSV decided on 30 April 2008,at the recommendation of the Supervisory Board, to reduce the share capital by anominal amount of DKK 11,350,000 through the cancellation of 11,350,000 treasuryshares.

Press Release Body: London, 4 August 2008- The Annual General Meeting of DSVdecided on 30 April 2008, at the recommendation of the Supervisory Board, to reducethe share capital by a nominal amount of DKK 11,350,000 through the cancellation of11,350,000 treasury shares.

The notification of the capital reduction was published through the informationsystem of the Danish Commerce and Companies Agency on 30 April 2008.

By the end of the statutory 3-month period on 30 July 2008, no claims had been madethat had to be satisfied or required the provision of security. Accordingly, thereduction of the share capital will be completed.

Subsequently, the share capital of DSV will have a nominal value of DKK 190,150,000,corresponding to 190,150,000 shares with a face value of DKK 1.

Following the above capital reduction, DSV now owns a total of 7,277,927 shares inDSV A/S with a face value of DKK 1, corresponding to 3.83% of the total number ofshares issued.

The latest announcement was made on 23 June 2008 when DSV A/S held 9.24% of theCompany\'s shares. ####NOTES TO EDITORS:DSV is a global supplier of transport and logistics solutions. DSV in the UK offersa comprehensive range of services under the brands DSV Road, DSV Air & Sea and DSVSolutions. In the UK, DSV employs over 1500 staff in more than 25 locations.Globally DSV employs more than 19,000 staff in over 500 locations in more than 50countries. DSV in the UK is a subsidiary of DSV Holding, which maintains a corporatehead office in Copenhagen. DSV is listed on the Copenhagen Stock Exchange, Denmark,and included in the OMXC20 index as one of the 20 most actively traded shares. Formore information, please visit: www.dsv.com/uk